Bombardier Inc. T.BBD.A

Alternate Symbol(s): T.BBD.PR.C | T.BBD.PR.D | BDRPF | BOMBF | BDRXF | BDRAF | BDRBF | T.BBD.B | T.BBD.PR.B

Industrials Aerospace & Defense

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.

TSX:BBD.A - Post by User

Bombardier Inc. > RBC: BBD remains our top idea

<< Previous

Bullboard Posts

Next >>

Comment by PabloLafortuneon Jan 31, 2024 5:47pm

200 Views

Post# 35855921

RE:RE:RE:RE:RE:RBC: BBD remains our top idea

My unproven theory is that such price drops on sketchy news of that nature wouldn't happen if BBD had much less debt. For 2 reasons: IF the article were true, the impact to a low debt Bombardier would be minor. And 2nd, that would represent an opportunity to buy discounted shares back.

A good example is when the share price dropped to $40. 5% shares buy back would cost $140M USD or 1.6% of revenue. Would never happen if Bombardier had low debt. OTOH, in this market spending $50M USD to short BBD is nothing.

<< Previous

Bullboard Posts

Next >>

Nano One stock jumps after U.S. Defense Department's $12.9M award